Centre mulls revival of RoDTEP benefits for sugar exports
1 year ago

Centre mulls revival of RoDTEP benefits for sugar exports

The Hindu  

The government is trying to work out a mechanism to bestow tax remission benefits on exports of sugar, which had been placed in the ‘restricted’ category in mid-2022, and is considering a demand from tea exporters to raise their tax remission rates. So once sugar was brought into the restricted list, it has been prevented from getting RoDTEP,” a senior Commerce Ministry official told The Hindu. Gujarat HC directive Earlier this month, the Gujarat High Court noted that the government had allowed the export of sugar from time to time based on specific permissions and held that those shipments should be considered eligible for the RoDTEP benefits. “If the government means to unambiguously provide these tax remissions to restricted products, it may need to create a fresh category for merchandise exports, going beyond the present ones of ‘free’ and ‘restricted’, to denote that certain exports are permitted on a conditional basis,” said Abhishek A Rastogi, founder of Rastogi chambers, who argued for the petitioners in the Gujarat High Court case.

Discover Related